Pollack Shores purchases Plaza-Midwood site for new apartment complex

Real estate firm Pollack Shores Real Estate Group has closed on its purchase of a 2.3-acre site on Central Avenue in Charlotte's Plaza-Midwood neighborhood, where the company plans to build an apartment complex.

Pollack Shores, founded in 2006, acquires, develops and manages apartment properties, typically in partnership with larger institutional investors. The firm has a portfolio of 4,700 units in 15 garden and midrise properties in Atlanta and Tampa and Orlando, Fla. It also has six urban infill projects under construction in the Southeast.